The British government on Wednesday slapped a new tax rate on multinational companies that seek to avoid paying their fair share to Treasury coffers. The levy — nicknamed the “Google tax” because of the high number of technology firms seeking to avoid tax — ...

The sensible Swiss — by almost two-thirds — voted to stop their foray into Europe's soak-the-rich mood. Multinationals such as Nestle SA and Novartis AG can now happily stay at home rather than having to relocate.

Japan, the United States and Europe, all of which are experiencing deteriorating fiscal health, are moving to ensure that multinational firms pay their fair share in taxes, sources said. Leaders of the Group of Eight major nations are expected to adopt a statement at ...